After the Scandals at WorldCom,Tyco,and Enron,in Which Company Employees Lost

question 108

True/False

After the scandals at WorldCom,Tyco,and Enron,in which company employees lost millions of dollars and their nest eggs,there was less concern for corporate governance and more interest in the development of corporate social responsibility.

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Definitions:

Thorndike

An American psychologist known for his work on learning theory and the law of effect, which states that behaviors followed by satisfying consequences are likely to be repeated.

Observational Learning

Acquiring new behaviors or information by watching the actions or expressions of others.

Operant Conditioning

is a learning process through which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

A learning process in which a neutral stimulus becomes associated with a meaningful stimulus and acquires the capacity to elicit a similar response.